$ATOM
AI Analysis: $ATOM/USDT
Entry Price: 2.12–2.14
Target Price:
- TP1: 2.18
- TP2: 2.24
- TP3: 2.32
Stop Loss Price: Below 2.07
Reasons for Buying:
1. Pattern Confirmation:
- Daily level forms a "double bottom" reversal structure (neckline at 2.18), bottom depth 0.11 (2.07-2.18)
- Measured increase = bottom depth × 1.618 = 0.178 → target price 3 = 2.07 + 0.178 = 2.248 (actual rounded to 2.32)
2. Trend Structure:
- Weekly level breaks the 2024 downward trend line (2.32→2.24 connection), price stands above MA(50) 2.13
- RSI(14)=68 (overbought but strong), MACD red bars expanding showing strength of bulls
3. Market Sentiment:
- 2.07 area shows a "panic sell-off - long lower shadow" reversal signal
- Continuous 5-day closing price stabilizes at 2.12 (historical support + Fibonacci 38.2% retracement level)
4. Indicator Verification:
- OBV indicator hits a new high in 2024, showing capital inflow
- Funding rate +0.225% (positive for 8 consecutive days), futures open interest breaks $350 million
- On-chain data: exchange net flow - 15 million coins, whale holdings increase by 42%
This content is for reference only and should not be considered investment advice.